All Gap articles
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News briefs
Gap names a new CEO from Mattel
Gap Inc. has appointed Richard Dickson as president and CEO, effective Aug. 22. Dickson joins Gap from his most recent role as president and chief operating officer of Mattel, where he was ”a lead architect in a global corporate transformation that has reinvigorated Mattel’s iconic brands, including Barbie, Hot Wheels ...
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News briefs
Gap makes management changes as it streamlines
Gap Inc., which manages the banners Old Navy, Gap, Banana Republic and Athleta, announced several changes to its executive leadership team and additional cost-cutting measures. The U.S. retailer said that it will further simplify and optimize its operating mode, including decreasing management layers to improve the quality and speed of ...
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News briefs
Gap’s CEO steps down amid flagging sales
Gap’s president and chief executive officer Sonia Syngal has stepped down from her position and from the company’s board, and will depart the company following a brief transition. Syngal has been with the company for 18 years and was CEO since March 2020. She leaves as Gap suffers declining sales. ...
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ArticleHow UFG created a new structure for the Gap brand and to expand its license portfolio
Unlimited Footwear Group (UFG), the Dutch group managing an extensive portfolio of proprietary and licensed brands, has created a new wholly-owned unit to manage the Gap license that it has obtained for the European Union, the U.K., Switzerland and Scandinavia. The first Gap footwear collection produced by UFG for men, ...
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Article
UFG enters a licensing partnership with Gap
Unlimited Footwear Group (UFG) has entered into a strategic licensing partnership with the American retailer Gap Inc. to design, produce and distribute Gap footwear throughout the entire European Union, the U.K., Switzerland and Scandinavia, in a deal brokered by IMG. In a statement, UFG said that the “upcoming footwear collections ...
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News briefs
OVS takes over Gap stores in Italy
The Italian apparel retailer OVS agreed to buy all 11 Italian stores of its U.S. peer Gap. The deal is anticipated to complete in February 2022. The two companies have worked together since early 2020. Through a franchise agreement, OVS offers GapKids in its stores and Gap Adult and Kids ...
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Article
Next to sell the Gap brand in the U.K., Ireland
The British apparel retailer Next has reached an agreement under which it will sell the Gap brand in the U.K. and Ireland after the U.S. brand decided to close its own stores in those markets. The two groups have created a joint venture to operate Gap’s e-commerce business across Next’s ...
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News briefs
Gap reportedly to close all British, Irish stores in July
The American fashion group Gap intends to close all of its stores in the U.K. and Ireland in July, in a move that could lead to the loss of hundreds of retail jobs, according to a report in The Times . Gap has 95 shops in the U.K. ...
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ArticleEl Corte Inglés offers e-commerce support to third parties
The Spanish department store El Corte Inglés is in talks with 100 brands to become their e-commerce partner, according to the Spanish daily Cinco Dias. But, no deals have been struck yet, it added, citing the company. The retailer would rely on its logistics platform to guarantee all the services ...
